$969,000
39 Mason St
Salem, MA, 01970
Well-maintained 1915 three-family in North Salem offering over 3,400 sq ft of living space with spacious 1,000–1,220 sq ft units. All three units will be delivered vacant, presenting a rare opportunity for investors or owner-occupants. Each unit features flexible 2–3 bedroom layouts, high ceilings, and separate gas heating systems (no oil). Interiors are clean and well maintained, with opportunity for cosmetic updates. Estimated market rents range from approximately $2,200–$3,000 per month per unit, depending on condition and improvements. Seller is in receipt of Letters of Compliance for Units 2, 3, and common areas. Conveniently located approximately 0.7 miles to Salem MBTA station and close to downtown Salem, shopping, dining, and area amenities. Property includes off-street parking for 3+ vehicles, basement storage, and a level backyard. Potential future uses and conversions subject to buyer due diligence and municipal approval.Located in a flood zone.
Property Details
Price:
$969,000
MLS #:
73506068
Status:
Pending
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Apr 22, 2026
Finished Sq Ft:
3,419
Total Sq Ft:
3,419
Lot Size:
5,249 sqft / 0.12 acres (approx)
Year Built:
1915
Units:
3
Schools
Interior
Above Grade Finished Area
3419
Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
None
Flooring
Vinyl, Carpet
Heating
Central, Forced Air, Natural Gas
Interior Features
Living Room, Dining Room, Kitchen, Family Room, Sunroom
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony/Deck
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch, Covered
Roof
Shingle
Stories
3
Financial
Tax Year
2026
Taxes
$9,702
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Salem as of Jun 20, 2026
25
Multi Family Listed
94
Avg DOM
330
Avg $ / SqFt
$1,319,988
Avg List Price
Community
- Address39 Mason St Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 39 Mason St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $969,000 To schedule a showing of MLS#73506068 at 39 Mason St in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Keller Williams Realty Evolution. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
39 Mason St
Salem, MA